Reported 1 day ago
The article discusses the challenges faced by C-suite executives in navigating the current political landscape under the Trump administration, particularly regarding tariffs. Despite their typical influence, executives from major companies like PepsiCo and General Motors report feeling powerless and frustrated by the ongoing policy unpredictability. They are forced to engage in scenario planning to mitigate the financial impacts of tariffs, highlighting a significant shift from their usual focus on growth and innovation. The article underscores a growing trend among major firms to adjust their earnings forecasts in light of this uncertainty.
Source: YAHOO